Market News
US consumers are optimistic
Optimistic sentiment was reported from the USA and underscored the robust demand domestically and offered new hope that consumer spending would stay solid enough to support growth in the economy,...
Read moreEleven million HUF worth smuggled cigarettes were seized in Szabolcs-Szatmár-Bereg county
A cigarette smuggler tried to escape with an eleven million HUF worth smuggled cigarette shipment. The policemen captured him in Győrtelek – press officer of Szabolcs-Szatmár-Bereg county Police told MTI...
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Smart trash bins will be placed in Chengdu
A high-tech trash bin will make its debut at the end of this month in Chengdu, the capital of southwest China's Sichuan Province. One of the most striking features of...
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Digital literacy: we are not doing badly at all
An online survey conducted by eNET in June 2015 asked internet users which six activities they had ever done on a desktop PC, on a notebook on smartphone or tablet....
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Kékkúti makes profit again
In the first six months of the year the net sales of Central European Mineral Water (CEMW) Holding improved by 8.3 percent from the same period of the previous year....
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Sales growth in both the winter holiday period and this year
Wiener sales traditionally surge in the November-December period, for instance last year both value and volume sales augmented by 11 percent from the level of the previous two months. In...
Read moreLawsuit against the suspension of tax on tobacco companies
The Hungarian government initated legal process against the suspension of tax on tobacco companies. In both cases, Hungary is asking the European Union’s court to annul the European Commission's provisions,...
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The Food Bank, the UN FAO and the Ministry of Agriculture offers a solution for hunger
Following the international community's agreement that hunger should be eliminated by 2030, the FAO, the Food Bank and the Ministry of Agriculture on the occasion of the World Food Day...
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Decline in consumer prices in the euro zone and the EU as well
Consumer prices in the Eurozone fell for the first time in six months by an annual 0.1 percent in September, pushed down by energy prices and matching preliminary estimates. The...
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The Nébih withdrew cucumbers from circulation
Not allowed pesticides have been detected in a retailer’s cucumber in Tolna County, therefore the product was withdrawn from the market – the National Food Chain Safety Office (Nébih) told...
Read moreIllegal pálinka distiller and drugs were found near Lakitelek
Plants, suspected to be drugs and more than a thousand liters of alcohol products and equipments were found by the finance guards on a farm near Lakitelek. Némedi Varga Éva...
Read moreTrade secrets in the trash
Half of the cleaning companies get confidential information during their work, just because the companies simply do not dealing with proper shreding of records – the hvg.hu citing the research...
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Magazine: A long, hot summer…
…and profitable as well, as based on data from Trafik.hu partners we think that tobacco shops realised higher sales than in the summer months of 2014. In the first half...
Read moreThe winemakers are satisfied with 2015
In spite of the summer heat wave, a good vintage took place this year in Hungary. For further steps brand building is necessary – the vg.hu wrote. “2015 will be...
Read moreThe distilleries produced the one-fifth of last year's volume
The country's distilleries produced the one-fifth of last year's volume, only two million liters, after the EU eliminated the tax exemption on cooking earlier this year – index.hu wrote after...
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The Hungarian chestnut trees could be saved within a public work programme
October started with a professional meeting in Nagymaros. The main objective of the professional meeting was the preservation and restoration of the chestnut gardens in the Carpathian Basin. The sponsor,...
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The EU funds affect the SME investments
The significant number of the domestic SMEs would implement their investment plans if the EU funds would be available within a short period of time. However, under the current proposals,...
Read moreHENT: Two-third of the Hungarians would punish counterfeiters more severely
According to nearly two-third of the Hungarian population, the distribution of any counterfeit products is a crime. The two-third of the Hungarians would punish those who counterfeit sports goods, medicine,...
Read moreThe CIB this year expects a 2.8 percent growth and a 0.2 percent inflation
The analysts of CIB Bank expect an economic growth of 2.8 percent this year, and a 0.2 percent average annual inflation – Trippon Mariann, the bank's chief analyst said at...
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Myths about cholesterol
Hungary’s Comprehensive Health Screening Programme carried out nearly one hundred thousand free cholesterol measurements between 2010-2014 across the country: cholesterol levels above the limit were measured at 39 percent of...
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Pioneering results in the European eel reproduction
European eel larvaes were artificially aroused to life by the staff of the Szent István University Department of Fish in Gödöllő. The researchers used female fish from Lake Balaton as...
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Hungary’s FMCG retail is in the top three
Retail sales grew above the European average in the second quarter of the year in Hungary: value sales rose 3.9 percent and volume sales improved by 1.2 percent. Our value...
Read moreSmall shops’ bigger market share
In the first half of 2015 fabric softener retail sales were worth more than HUF 8 billion. This makes the category the 4th biggest from the 70 household chemicals and...
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Sales remained concentrated
Laundry detergents were sold for HUF 19 billion in the first six months of the year. Like-for-like value sales rose 7 percent but volume sales decreased by 4 percent. Sales...
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Magazine: Our five neighbours
Ukraine: in the December 2014-April 2015 period FMCG retail sales soared by 16 percent. Prices elevated by 28.6 percent, so in terms of volume sales dropped by 12.6 percent. In...
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The NAV assumes the preparation of income tax returns
The government amends the law on taxation. You do not have to prepare income tax returns from 2017 and those who do not avail of benefits do not have to...
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The ÉFOSZ and the Association of Confectionery Manufacturers proposed a partnership
A paradigm shift is needed in public health – was said at the professional conference of the National Institute for Health Development (NEFI). Although in the last five years, several...
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Four new products among the Hungaricums
The list of Hungaricums was expanded with four Hungarian products, the paired sausage from Debrecen, the spritzer, the Bajai fish soup and the chamomile inflorescence from the Plains – was...
Read moreBisnode: less Hungarian companies were terminated
The ratio of winding up and liquidation processes against the Hungarian companies steadily declined in the first nine months of 2015, while the proportion of the bankrupted Hungarian enterprises also...
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